Bakkt (BKKT) Asset Utilization Ratio (2021 - 2026)
Bakkt's (BKKT) Asset Utilization Ratio came in at 3.61 for Q2 2026, down 82.2% from 20.35 a year earlier and down 55.4% from the prior quarter.
Analysis
Bakkt (BKKT) Asset Utilization Ratio (2021 - 2026) Analysis & Trends
For FY2025, Bakkt's Asset Utilization Ratio stood at 10.81, down 16.0% from FY2024.
- In prior years, Bakkt's Asset Utilization Ratio was 12.87 in FY2024 (+538.1%), 2.02 in FY2023, 0.04 in FY2022 (+391.9%) and 0.01 in FY2021.
- The Q2 2026 figure stands as the lowest quarterly Asset Utilization Ratio since Q3 2024.
- On a year-over-year basis, Asset Utilization Ratio increased in four of the last six quarters, with growth averaging 212.6%.
- The strongest year-over-year quarter for Asset Utilization Ratio in the past five years was Q1 2025, with growth of 864.2%; the weakest was Q2 2026, with a decline of 82.2%.
- According to Business Quant data, Asset Utilization Ratio for the three prior quarters was 8.10 (Q1 2026), 11.18 (Q4 2025) and 16.96 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | PayPal Holdings | 50.64 Bn | 8.86 Bn | - | 0.42 |
| 2 | Block | 47.20 Bn | 18.49 Bn | 3.17 Bn | 0.63 |
| 3 | Coinbase Global | 47.02 Bn | 3.82 Bn | - | 0.23 |
| 4 | Corpay | 26.80 Bn | 16.69 Bn | - | 0.18 |
| 5 | Fiserv | 25.84 Bn | 22.51 Bn | 2.90 Bn | 0.26 |
| 6 | Global Payments | 22.70 Bn | 492.24 Mn | 2.03 Bn | 0.16 |
| 7 | Guidewire Software | 15.59 Bn | 12.16 Bn | 269.68 Mn | 0.58 |
| 8 | Bitmine Immersion Technologies | 13.32 Bn | 10.70 Bn | 40.81 Mn | 0.01 |
| 9 | Chime Financial | 11.68 Bn | 7.47 Bn | 594.87 Mn | 1.25 |
| 10 | Bakkt | 233.50 Mn | 12.37 Mn | 2.21 Mn | 3.61 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.61 |
| Mar 31, 2026 | 8.10 |
| Dec 31, 2025 | 11.18 |
| Sep 30, 2025 | 16.96 |
| Jun 30, 2025 | 20.35 |
| Mar 31, 2025 | 16.43 |
| Dec 31, 2024 | 4.74 |
| Sep 30, 2024 | 1.53 |
| Jun 30, 2024 | 1.23 |
| Mar 31, 2024 | 1.70 |
| Dec 31, 2023 | 1.31 |
| Sep 30, 2023 | 0.62 |
| Jun 30, 2023 | 0.54 |
| Mar 31, 2023 | 0.12 |
| Sep 30, 2022 | 0.03 |
| Jun 30, 2022 | 0.02 |
| Mar 31, 2022 | 0.02 |
| Dec 31, 2021 | 0.03 |
API Access
Bakkt Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=BKKT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "BKKT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=BKKT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();